https://www.taxtmi.com/caselaws?id=76639 The court held that instructions denying interest on belated refunds were inconsistent with section 244A of the Act and thus invalid. The Board exceeded its jurisdiction by issuing such instructions. The respondent was not justified in denying interest on the belated refund claimed for the assessment year 1995-96. The court quashed the order denying interest and directed the respondent to calculate and pay the interest from the date of the application to condone the delay until the refund was adjusted within two months. en-us Wed, 24 Feb 2010 00:00:00 +0530 Sun, 11 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76639 The court held that instructions denying interest on belated refunds were inconsistent with section 244A of the Act and thus invalid. The Board exceeded its jurisdiction by issuing such instructions. The respondent was not justified in denying interest on the belated refund claimed for the assessment year 1995-96. The court quashed the order denying interest and directed the respondent to calculate and pay the interest from the date of the application to condone the delay until the refund was adjusted within two months. Case-Laws Income Tax Wed, 24 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76639